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LAMEA Model Based Enterprise Market Size, Share & Trends Analysis Report By Offering (Solution and Services), By Deployment Mode (On-premise and Cloud), By Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 133 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955268
The Latin America, Middle East and Africa Model Based Enterprise Market would witness market growth of 16.9% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Model Based Enterprise Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $780.2 million by 2031. The Argentina market is showcasing a CAGR of 17.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 16.5% during (2024 - 2031).



The automotive industry relies on MBE for product design, manufacturing, and supply chain management. MBE enables automotive manufacturers to design and simulate vehicle components, optimize manufacturing processes, and improve supply chain coordination. By leveraging digital models throughout the product lifecycle, automotive companies can reduce time-to-market, enhance product quality, and address sustainability challenges.

Furthermore, the electronics and semiconductor industry relies on MBE for product design, prototyping, and manufacturing process optimization. MBE enables electronics manufacturers to create digital models of electronic components, simulate circuit behavior, and optimize production processes. By leveraging MBE, electronics companies can reduce time-to-market, improve product reliability, and meet the demands of rapidly evolving technology trends.

As the UAE invests in digital transformation initiatives, there is a growing need for skills development and workforce training in MBE technologies and practices. The UAE has one of the biggest data center hubs in the Middle East, and more are on the horizon, according to the International Trade Administration (ITA). By 2026, additional investments of up to $1 billion are anticipated. Between 2022 and 2027, the UAE data center sector is predicted to expand at a rate of 3.43% on average. Similarly, Saudi Arabia is known for its extensive oil reserves and ongoing investment in mega oil projects, such as exploration, drilling, production, and refining initiatives. According to the ITA, Saudi Arabia is one of the world’s top exporters of petroleum products and holds around 17% of the world’s proven petroleum reserves. The world’s second-largest proven oil reserves are found in Saudi Arabia. In 2022, Aramco’s average hydrocarbon production was 13.6 mmbpd (million barrel per day), including 11.5 mmbpd of crude oil. Saudi Aramco boasts that it produces the lowest-carbon barrel of oil in the industry and has committed to achieve net-zero emissions by 2050, outstripping the government’s 2060 net-zero target. In conclusion, the increasing digital transformation and growing regional oil sector are driving the market’s growth.

Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Vertical, the market is segmented into Aerospace, Electronics & Telecommunications, Construction, Healthcare & Lifesciences, Food & Beverages, Marine, Oil & Gas, Automotive and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Siemens AG
  • PTC, Inc.
  • Dassault Systemes SE
  • SAP SE
  • HCL Technologies Ltd. (HCL Enterprises)
  • Oracle Corporation
  • Wipro Limited
  • ANSYS, Inc.
  • General Electric Company
  • Cisco Systems, Inc.

Market Report Segmentation

By Offering
  • Solution
  • Services
By Deployment Mode
  • On-premise
  • Cloud
By Vertical
  • Aerospace
  • Electronics & Telecommunications
  • Construction
  • Healthcare & Lifesciences
  • Food & Beverages
  • Marine
  • Oil & Gas
  • Automotive
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Model Based Enterprise Market, by Offering
1.4.2 LAMEA Model Based Enterprise Market, by Deployment Mode
1.4.3 LAMEA Model Based Enterprise Market, by Vertical
1.4.4 LAMEA Model Based Enterprise Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis- Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. LAMEA Model Based Enterprise Market by Offering
5.1 LAMEA Solution Market by Country
5.2 LAMEA Services Market by Country
Chapter 6. LAMEA Model Based Enterprise Market by Deployment Mode
6.1 LAMEA On-premise Market by Country
6.2 LAMEA Cloud Market by Country
Chapter 7. LAMEA Model Based Enterprise Market by Vertical
7.1 LAMEA Aerospace Market by Country
7.2 LAMEA Electronics & Telecommunications Market by Country
7.3 LAMEA Construction Market by Country
7.4 LAMEA Healthcare & Lifesciences Market by Country
7.5 LAMEA Food & Beverages Market by Country
7.6 LAMEA Marine Market by Country
7.7 LAMEA Oil & Gas Market by Country
7.8 LAMEA Automotive Market by Country
7.9 LAMEA Others Market by Country
Chapter 8. LAMEA Model Based Enterprise Market by Country
8.1 Brazil Model Based Enterprise Market
8.1.1 Brazil Model Based Enterprise Market by Offering
8.1.2 Brazil Model Based Enterprise Market by Deployment Mode
8.1.3 Brazil Model Based Enterprise Market by Vertical
8.2 Argentina Model Based Enterprise Market
8.2.1 Argentina Model Based Enterprise Market by Offering
8.2.2 Argentina Model Based Enterprise Market by Deployment Mode
8.2.3 Argentina Model Based Enterprise Market by Vertical
8.3 UAE Model Based Enterprise Market
8.3.1 UAE Model Based Enterprise Market by Offering
8.3.2 UAE Model Based Enterprise Market by Deployment Mode
8.3.3 UAE Model Based Enterprise Market by Vertical
8.4 Saudi Arabia Model Based Enterprise Market
8.4.1 Saudi Arabia Model Based Enterprise Market by Offering
8.4.2 Saudi Arabia Model Based Enterprise Market by Deployment Mode
8.4.3 Saudi Arabia Model Based Enterprise Market by Vertical
8.5 South Africa Model Based Enterprise Market
8.5.1 South Africa Model Based Enterprise Market by Offering
8.5.2 South Africa Model Based Enterprise Market by Deployment Mode
8.5.3 South Africa Model Based Enterprise Market by Vertical
8.6 Nigeria Model Based Enterprise Market
8.6.1 Nigeria Model Based Enterprise Market by Offering
8.6.2 Nigeria Model Based Enterprise Market by Deployment Mode
8.6.3 Nigeria Model Based Enterprise Market by Vertical
8.7 Rest of LAMEA Model Based Enterprise Market
8.7.1 Rest of LAMEA Model Based Enterprise Market by Offering
8.7.2 Rest of LAMEA Model Based Enterprise Market by Deployment Mode
8.7.3 Rest of LAMEA Model Based Enterprise Market by Vertical
Chapter 9. Company Profiles
9.1 PTC, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Acquisition and Mergers:
9.2 ANSYS, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.3 Dassault Systemes SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 SAP SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 HCL Technologies Ltd. (HCL Enterprises)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 Wipro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 General Electric Company
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Cisco Systems, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Siemens AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
9.10.6 SWOT Analysis

Companies Mentioned

  • Siemens AG
  • PTC, Inc.
  • Dassault Systemes SE
  • SAP SE
  • HCL Technologies Ltd. (HCL Enterprises)
  • Oracle Corporation
  • Wipro Limited
  • ANSYS, Inc.
  • General Electric Company
  • Cisco Systems, Inc.

Methodology

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